Funding you earn now, next payment 00:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.82 per $10,000 · paid last 24h −0.003%
Price spread now: Bybit against Aster−0.035%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$800.800% of the position
Funding, last 5 days (all we have)−0.009%−$1 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.035%, 7d avg −0.075%
=Together, before fees−0.070%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.040% dearer against Aster than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.075%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 5 days (−0.009% in total) that is about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster TIAUSDT | 0.4324 | 0.0100 | pay 0.0050% / 4h | 2h 14m | $34K | $272K | 10x |
| Short | Bybit TIAUSDT | 0.4322 | −0.0064 | pay 0.0032% / 4h | 2h 14m | $9.4M | $13.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$34.52
- Price spread: −0.035% → −0.075%
- $4
- Slippage, 4 orders
- −$60.97
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$110.49
- Costs to cover
- 0.800%
- Break-even
- never at this rate
Slippage from Aster: live order book, 7 min ago; Bybit: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster live order book, 7 min ago | 4.61 bp | 14.5 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.31 bp | 14.3 bp −$14 | 35.0 bp −$350 | 176.8 bp −$17.7K | doesn't fit |
TIA on 27 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_TIAUSD | −0.0388% | 1h | 0.4331 | +0.177% | $356K | $239K | 50x | as long as short |
| Deribit TIA_USDC-PERPETUAL | −0.0212% | 1h | 0.4326 | +0.058% | $30K | $27K | 25x | as long as short |
| Bybit TIAUSDTshort | −0.0064% | 4h | 0.4322 | −0.035% | $9.4M | $13.0M | 50x | |
| Gate TIA_USDT | −0.0058% | 4h | 0.4325 | +0.035% | $997K | $1.8M | 75x | as long as short |
| OKX TIA-USDT-SWAP | −0.0037% | 4h | 0.4323 | −0.012% | $2.7M | $5.8M | 50x | as long as short |
| ApeX Omni TIAUSDT | −0.0029% | 1h | 0.4330 | +0.150% | $49K | $236K | 50x | as long as short |
| KuCoin TIAUSDTM | −0.0028% | 4h | 0.4323 | −0.012% | $4.2M | $8.6M | 50x | as long as short |
| gTrade (Gains Network) TIA/USD | L +0.0002% / S 0.0000% | 1h | 0.4327 | +0.092% | $1K | — | 150x | as long as short |
| Variational Omni TIA | +0.0057% | 4h | 0.4324 | +0.019% | $101K | $85K | — | as long as short |
| Lighter TIA | +0.0096% | 1h | 0.4331 | +0.164% | $128K | $353K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_TIA_USDC | +0.0098% | 4h | 0.4326 | +0.058% | $5K | $360K | 10x | as long as short |
| Hyperliquid TIA | +0.0100% | 1h | 0.4331 | +0.167% | $4.2M | $1.5M | 5x | as long as short |
| Aster TIAUSDTlong | +0.0100% | 4h | 0.4324 | long leg | $34K | $272K | 10x | |
| Binance TIAUSDT | +0.0100% | 4h | 0.4325 | +0.041% | $14.1M | $41.0M | 75x | as long as short |
| MEXC TIA_USDT | +0.0100% | 4h | 0.4325 | +0.035% | $9.1M | $5.6M | 300x | as long as short |
| Bitget TIAUSDT | +0.0100% | 4h | 0.4323 | −0.012% | $4.4M | $3.5M | 75x | as long as short |
| BingX TIA-USDC | +0.0100% | 4h | 0.4325 | +0.035% | — | $6.5M | — | as long as short |
| Backpack TIA_USDC_PERP | +0.0100% | 1h | 0.4326 | +0.067% | $100K | $151K | 10x | as long as short |
| HTX TIA-USDT | +0.0100% | 4h | 0.4325 | +0.035% | $64K | $38K | 50x | as long as short |
| Extended TIA-USD | +0.0104% | 1h | 0.4322 | −0.026% | $58K | $165K | 25x | as long as short |
| Aevo TIA-PERP | +0.0104% | 1h | 0.4326 | +0.058% | $7K | — | 3x | as long as short |
| Reya TIARUSDPERP | +0.0178% | 1h | 0.4323 | −0.016% | $6K | — | 15x | as long as short |
| Coinbase International TIA-PERP-INTX | +0.0200% | 1h | 0.4345 | +0.497% | $48K | $72K | 50x | as long as short |
| Injective TIA/USDC PERP | +0.0210% | 1h | 0.4331 | +0.173% | $26K | $10K | 12x | as long as short |
| BloFin TIA-USDT | +0.0340% | 4h | 0.4325 | +0.035% | $1.0M | $542K | 75x | as long as short |
| GMX TIA/USD [ETH-USDC] | L +0.0457% / S −0.3505% | 1h | 0.4327 | +0.088% | $35K | — | 100x | as long as short |
| dYdX TIA-USD | +0.0805% | 1h | 0.4329 | +0.121% | $51K | $59 | 10x | as long as short |
Aster TIAUSDT
Bybit TIAUSDT
Kraken Futures PF_TIAUSD
Deribit TIA_USDC-PERPETUAL
Gate TIA_USDT
OKX TIA-USDT-SWAP
ApeX Omni TIAUSDT
KuCoin TIAUSDTM
gTrade (Gains Network) TIA/USD
Variational Omni TIA
Lighter TIA
Hyperliquid TIA
Binance TIAUSDT
MEXC TIA_USDT
Bitget TIAUSDT
BingX TIA-USDC
Backpack TIA_USDC_PERP
HTX TIA-USDT
Extended TIA-USD
Coinbase International TIA-PERP-INTX
Injective TIA/USDC PERP
BloFin TIA-USDT
GMX TIA/USD [ETH-USDC]